OM LLC Enters 40-Year Land Lease for Solar Project
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Description
OM, LLC will lease land in Pitt County to Stonewood Solar, LLC for the construction and operation of a large-scale solar and battery energy storage facility. The agreement includes a 40-year lease with comprehensive decommissioning and restoration provisions.
Contract Details
Vendor
OM LLC
Agency
Pitt County, NC
Contract Type
OTHER
Document Date
March 14, 2026
Contract Term
40-year land lease agreement with Stonewood Solar, LLC for solar facility; decommissioning at lease end
Renewal Date
2066-12-31
Renewal Info
Lease includes restoration security and 5-year update cycles; renewal likely at lease end per agreement.
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